November 16, 2011 / 2:58 AM / 6 years ago

NTT Docomo to spend $11 bln on 4G LTE, launch LTE smartphones

HONG KONG (Reuters) - Japanese cellular carrier NTT DoCoMo Inc plans to spend a total of 880 billion yen ($11 billion) on the rollout of 4G LTE (long term evolution) networks through fiscal 2015 and to launch LTE-enabled smartphones this winter, President and Chief Executive Ryuji Yamada said on Wednesday.

He made the comments at a mobile conference in Hong Kong.

Reporting by Devidutta Tripathy; Editing by Chris Lewis

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